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20120926
20121004
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studies we have given to pakistan about energy that have been put to the shelf. it has not been able to respond. that is the pakistan failure. it is the u.s. failure, our inability to look after. the tendency to see the problems of counter-terrorism as an element of the relationship, or as i would put it, when you look at pakistan through the telescope of afghanistan, you see only one thing. if you insist on policy discussions in washington on the counter terrorism issue, focused on the immediate needs, very real and important needs, life and death needs, of the american effort in afghanistan, you run the risk of losing track of those goals that people like richard and hillary clinton, etc., articulated back in 2008. the american problem was that we were unable, i believe, to sort out in an effective way. when richard asked me to take this job, he made it quite clear -- those of you who know him, he is humble. he created a system where he was the sun, and all of the planets go around him. then the sun went out. the power of his personality was something we really needed. especially b
of a poorly functioning financial sector. worryingly, the energy to implement the reforms that have been agreed as well as other reforms that we need are fading in little bit. and i am often asked and i am sure the some of the central bankers and providers are asked the same question. are we now better off than five years ago? probably so. are we out of the loop? do we have everything we need in terms of assistance, in terms of detecting the systems? most people, supervisors in particular, and certainly the imf would say not yet despite major progress. i know all of these seem a little bit bleak. but let me assure you that we have not overlooked the reaction to recent policy announcements. and those are strong and good positive reactions. but we have seen positive market response of before that turned out to be short-lived. this time, what we need is not bounce.balance we need a sustained rebound. to be different, we need certainty more than uncertainty and we need decision makers to turn into action takers. it will require courage and the ability to rise above the short- term agenda of
Search Results 0 to 1 of about 2